Is the Allonge to Agreement signed by the customer? It only shows a By:__________ at the bottom of the paper to sign and under the line its states Title so its a bit confusing as to whether the customer needs to sign or it should be left blank for the mortgage company. Could someone please help?
A document attached to a promissory note or other negotiable instrument containing an indorsement that transfers the note or negotiable instrument over to a third party or bearer. The allonge must be firmly affixed to the note. An allonge is typically delivered to a successor lender when a loan is assigned.